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Speakers Event

The ABJ Members and guests were honored to have Mr. Sheikh Khaled Juffali as our guest speaker. His years of successes, depth of understanding, and delightful speech created one of the most notable evenings in our American Business Group’s history. Our group enjoyed hearing about his father’s experiences and business journeys. Mr. Khaled Juffali anecdotes were fascinating giving us a close look at the land, culture, and people that we would not have gained in any other way.

Friday, 19 October, 2018 - 11:00: Moody's Investor Service (Moody's) affirmed the Kingdom's A1 rating with a stable outlook and raised its GDP growth forecasts for the period (2018-2019) to 2.5% and 2.7% respectively, instead of its previous expectations of 1.3% and 1.5% for the same period reported in April this year.

JEDDAH: Ryan M. Gliha arrived as Consul General of the U.S. Consulate General in Jeddah, Saudi Arabia on September 16, 2018. A career member of the Senior Foreign Service, Class of Counselor, Ryan most recently served as Chargé d’Affaires, ad interim from November 2017 through August 2018 at the U.S. Embassy in Doha, Qatar after serving as Deputy Chief of Mission there from 2015 through 2017. Previously, Ryan served as Director of the Regional Media Hub and Arabic Language Spokesperson for the U.S. Department of State’s Bureau of Public Affairs at the U.S. Embassy in London, United Kingdom from 2012-2015. During that assignment, Ryan served temporarily as acting Deputy Assistant Secretary of State for International Media in the Bureau of Public Affairs in Washington, D.C. during the summer of 2014.

The Saudi Arabian Monetary Authority, in its 54th annual report, indicated that the Saudi economy began in 2017 to undergo a string of economic reforms and programs that were detailed in Saudi Vision 2030. Such reforms have revolved around the diversification of income sources in order to reduce the Kingdom’s reliance on oil revenues.